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Low Income Apartments and Affordable Housing For Rent in Southaven, MS

Discover affordable housing in Southaven where there are 23+ housing opportunities based on income and household needs like accessible units for seniors or persons with disabilities. Find and apply to these low income apartments now.

Image of Terrace Park Apartments

Terrace Park Apartments

5905 Airways Boulevard, Southaven, Mississippi 38671

bed 1-3
switch_access_shortcut Short Wait
payment Subsidized
real_estate_agent Accepts Vouchers
payment Income Based
accessibility Accessible
Image of Dorchester Place Apartments

Dorchester Place Apartments

1725 Dorchester Drive, Southaven, Mississippi 38671

payment Subsidized
Image of South Park Gardens

South Park Gardens

8156 South Park Circle, Southaven, Mississippi 38671

bed 1-3
payment Subsidized
Image of 5740 Hunters Chase Dr

5740 Hunters Chase Dr

5740 Hunters Chase Dr, Southaven, Mississippi 38672

bed 4
payment $1960/mo.
Image of 817 Maple Cv

817 Maple Cv

817 Maple Cove, Southaven, Mississippi 38671

bed 3
payment $1495/mo.
Image of 8137 Leaf Cove

8137 Leaf Cove

8137 Leaf Cove, Southaven, Mississippi 38671

bed 3
payment $1595/mo.
Image of 1338 Greencliff Dr

1338 Greencliff Dr

1338 Greencliff Dr, Southaven, Mississippi 38671

bed 4
payment $1985/mo.
Image of 2240 Cedarwood Cove

2240 Cedarwood Cove

2240 Cedarwood Cove, Southaven, Mississippi 38671

bed 3
payment $1695/mo.
Image of 5767 Steffani Dr

5767 Steffani Dr

5767 Steffani Dr, Southaven, Mississippi 38671

bed 3
payment $1650/mo.
Image of 1683 Coral Hills Dr

1683 Coral Hills Dr

1683 Coral Hills Dr, Southaven, Mississippi 38671

bed 3
payment $1635/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable
Image of 1984 Custer Dr

1984 Custer Dr

1984 Custer Dr, Southaven, Mississippi 38671

bed 3
payment $1550/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable
Image of 5309 Kristy Ln

5309 Kristy Ln

5309 Kristy Ln, Southaven, Mississippi 38671

bed 3
payment $1500/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable
Image of 7793 Charleston Dr

7793 Charleston Dr

7793 Charleston Dr, Southaven, Mississippi 38671

bed 3
payment $1655/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable
Image of 7529 Rockingham Dr

7529 Rockingham Dr

7529 Rockingham Dr, Southaven, Mississippi 38671

bed 4
payment $1499/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable
Image of 8398 Hickory Cv, Southaven, MS 38671

8398 Hickory Cv, Southaven, MS 38671

8398 Hickory Cove, Southaven, Mississippi 38671

bed 3
payment $1395/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable
Image of 1707 Central Trails Dr

1707 Central Trails Dr

1707 Central Trails Dr, Southaven, Mississippi 38671

bed 4
payment $1800/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable
Image of 7198 Atterbury Cir E, Southaven, MS 38671

7198 Atterbury Cir E, Southaven, MS 38671

7198 Atterbury Cir E, Southaven, Mississippi 38671

bed 4
payment $1945/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable
Image of 732 Charter Oak Dr

732 Charter Oak Dr

732 Charter Oak Dr, Southaven, Mississippi 38671

bed 4
payment $1660/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable
Image of 1128 Fredrick Dr

1128 Fredrick Dr

1128 Fredrick Dr, Southaven, Mississippi 38671

bed 4
payment $1950/mo.
switch_access_shortcut Short Wait
real_estate_agent Accepts Vouchers
real_estate_agent Naturally Affordable
Image of Bradford Park Apartments

Bradford Park Apartments

6121 Bradford Cir E, Southaven, Mississippi 38671

switch_access_shortcut Short Wait
accessibility Accessible

How To Identify Affordable Housing in Southaven, Mississippi

Look for program and preference badges on affordable apartment listings. These badges can help you identify the types of low income housing each apartment offers and if you may be eligbile for rental assistance or reduced rents.

Badge Description
switch_access_shortcut Short Wait
 Low income apartments with no or short waiting lists.
payment Subsidized
 Low income housing where the rent is subsidized and the renter pays only a portion of total rent.
real_estate_agent Accepts Vouchers
 Apartments that accept Section 8 vouchers near you
elderly Senior
 Rental housing for seniors who are 55 (or sometimes 62) and older.
payment Income Based
 Affordable apartments where the rent paid is based on renter income.
accessibility Accessible
 Meets Accessibilty Requirements of the Fair Housing Act, the ADA, or HUD policy.
accessible_forward Disability
 Apartments for individuals or families with disabilities.
real_estate_agent Naturally Affordable
 Naturally Occuring Affordable Housing - or NOAH - is any housing unit that offers affordable rent without participating in a rent subsidy program.
The Hourly Wage Needed to Afford A Safe, Modest 2 Bed Apartment In Southaven, Mississippi
$24.58/hour
$17.33 (+239%) more than Mississippi minimum wage and $17.33 (+239%) more than the Federal minimum wage.
Learn More About Southaven, Mississippi Affordable Housing ↓

What HUD offices serve Southaven, Mississippi?

Public Housing Agencies operate federally assisted affordable housing programs at local levels on behalf of HUD. Notably, housing agencies are responsible for managing Section 8 Housing Choice Voucher, Public Housing, and Project-Based Voucher waiting lists within their jurisdiction.

Mississippi Regional Housing Authority II
Operates the Section 8 Housing Choice Voucher (HCV) programs for Southaven, Mississippi.

Go to the Mississippi Public Housing and Low-Income Apartments Waiting Lists page for openings near Southaven.

How many renters live in Southaven, Mississippi?

The City of Southaven has people living in households.

There are renters living in renter households in this City. Renters make up 30.13 percent of the population living in Southaven.

What is the rental market like in Southaven, Mississippi?

There are an estimated housing units in the Southaven area. Of these, units are rental homes, making up percent of the housing market. For every renter household in Southaven, Mississippi, there are 1.19 rental units.

What is the vacancy rate for rentals in Southaven?

The rental vacancy rate in Southaven is 15 percent. This is a higher than average vacancy rate. When rental vacancy rates are high it means that there are a lot of available units and rents tend to be lower.

How many rental units are in Southaven for each bedroom size?

Occupied Rental Units by Size in Southaven
Studio One-Bedroom Two-Bedroom Three-Bedroom Four+ Bedrooms
22 733 2,080 2,405 631
Occupied Rental Units by Size in Southaven

A large number of apartments in Southaven have two or fewer bedrooms. Seniors and young professionals especially may have more success finding an apartment that meets their needs.

How Much Is Rent in Southaven

Depending on size, the Fair Market Rent - HUDs measurement of the cost of an average housing unit - ranges from $1,031 to $1,995. FMRs are updated annually by HUD for every city and county nationwide.

Bed Size 2024 Fair Market Rents
Studio $1,031
One BR $1,146
Two BR $1,298
Three BR $1,711
Four BR $1,995
2024 Fair Market Rents in Southaven, Mississippi

How many units are rented at Fair Market Rent (FMR) in Southaven?

Renters with a Section 8 Housing Choice Voucher must select a home that is at or below the area’s Fair Market Rent. Markets with a large share of units above FMR tend to have longer search times to find a qualified unit, while those with a large share of units below FMR tend to have more choices and shorter search times. The share below FMR can vary by size of unit, as shown in the table below.

These are the approximate number of units renting below the FMR in this market:

Unit Size Count of Units Below FMR Percentage of Total Units Below FMR
Studio 0 100 percent
One BR 446 61 percent
Two BR 1,314 63 percent
Rental Units Below FMR in Southaven, Mississippi

How many affordable rental units are in Southaven?

There are a variety of federal affordable housing programs serving households in Southaven, Mississippi including the following:

Federal Program Unit Count
Low Income Housing Tax Credit
Section 8 Project-Based Rental Assistance
Section 202 Supportive Housing for the Elderly
Tracked Units by Federal Program in Southaven, Mississippi

Rental units may be funded in part by multiple federal programs.

Income Based Apartments in Southaven, Mississippi

Southaven features 152 income based apartments. Tenants of income based apartments typically pay no more than 30% of their income towards rent and utilities.

Low Rent Apartments in Southaven, Mississippi

There are 1,342 rent subsidized apartments that do not provide direct rental assistance but remain affordable to low income households in Southaven.

Housing Choice Vouchers in Southaven, Mississippi

On average, Section 8 Housing Choice vouchers pay Southaven landlords $1,400 per month towards rent. The average voucher holder contributes $300 towards rent in Southaven.

The maximum amount a voucher would pay on behalf of a low-income tenant in Southaven, Mississippi for a two-bedroom apartment is between $1,168 and $1,428.

Sourced from federal housing data and AffordableHousingOnline.com research.